Sale
South Africa

3

Beds

2

Baths

1

Parking

101 m²

Floor area

Apartment 3 beds 2 baths 101 m²

About this property

This well-presented 101 m² first-floor apartment in the sought-after suburb of Musgrave, Durban, offers a practical 2.5-bedroom, 1.5-bathroom layout in a small, manageable complex of only twelve units. The apartment is tiled throughout and features an open-plan lounge and dining area, a modern fully fitted kitchen with gloss-white cabinetry, dark granite countertops, a freestanding electric stove with extractor, and a built-in microwave. A spacious entrance hall provides generous built-in storage cupboards with space for a double-door fridge. The enclosed balcony functions as a versatile half-bedroom, study, or home office. The levy includes water, and the unit is fibre-connected. One garage bay with direct access into the complex is included. Cats are welcome with prior permission. Musgrave Centre and Food Lover's Market are approximately 285–290 m away, while Country Bake and several restaurants are within 160 m, making day-to-day errands entirely walkable.

Rooms & layout

Bedroom × 3
Bathroom
Guest Toilet
Kitchen
Lounge
Dining Room
Entrance Hall
Garage

Features & amenities

pet friendlyfibre connectedgranite countertopsfirst floorbalconystoragenear shopping centreenclosed balconybuilt in storagegarage parking

Price & ownership

Asking price R 1 100 000
Price per m² R 10 891
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 1,1M
Taxes + legal + admin fees R 24,6K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 100 000
  • Deeds Office (transfer) R 956
  • Conveyancing (est., incl. VAT) R 23 575
  • Deeds lodgement R 52
  • Total indicative R 1 124 583

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 10 388 /month

Total paid over 20 years (deposit + repayments): R 2 603 032

Deposit 10% · R 110 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 990 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.